Insurance in South Korea

Date: January 4, 2017
Pages: 37
Price:
US$ 350.00
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Publisher: MarketLine
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: I321B716F41EN
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Insurance in South Korea
SUMMARY

Insurance in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY FINDINGS
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in South Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in South Korea
  • Leading company profiles reveal details of key insurance market players' global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Korea insurance market with five year forecasts
SYNOPSIS

Essential resource for top-line data and analysis covering the South Korea insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

REASONS TO BUY
  • What was the size of the South Korea insurance market by value in 2015?
  • What will be the size of the South Korea insurance market in 2020?
  • What factors are affecting the strength of competition in the South Korea insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's insurance market?
KEY HIGHLIGHTS

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The South Korean insurance market had total gross written premiums of $159.9bn in 2015, representing a compound annual growth rate (CAGR) of 6.7% between 2011 and 2015.

The decline seen in the life insurance market in 2013 can largely be attributed to the introduction of new regulations eradicating tax benefits for immediate annuities.

The life Insurance segment was the market's most lucrative in 2015, with total gross written premiums of $103.2bn, equivalent to 64.5% of the market's overall value.
Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market share
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market share
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Hanwha Life Insurance Co., Ltd.
Hyundai Marine and Fire Insurance Company Limited
Samsung Fire and Marine Insurance Co., Ltd.
Samsung Life Insurance Co., Ltd.
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine

LIST OF TABLES

Table 1: South Korea insurance market value: $ billion, 2011-15
Table 2: South Korea insurance market category segmentation: $ billion, 2015
Table 3: South Korea insurance market geography segmentation: $ billion, 2015
Table 4: South Korea insurance market share: % share, by value, 2015
Table 5: South Korea insurance market value forecast: $ billion, 2015-20
Table 6: Hanwha Life Insurance Co., Ltd.: key facts
Table 7: Hanwha Life Insurance Co., Ltd.: key financials ($)
Table 8: Hanwha Life Insurance Co., Ltd.: key financials (KRW)
Table 9: Hanwha Life Insurance Co., Ltd.: key financial ratios
Table 10: Hyundai Marine and Fire Insurance Company Limited: key facts
Table 11: Hyundai Marine and Fire Insurance Company Limited: key financials ($)
Table 12: Hyundai Marine and Fire Insurance Company Limited: key financials (KRW)
Table 13: Hyundai Marine and Fire Insurance Company Limited: key financial ratios
Table 14: Samsung Fire and Marine Insurance Co., Ltd.: key facts
Table 15: Samsung Fire and Marine Insurance Co., Ltd.: key financials ($)
Table 16: Samsung Fire and Marine Insurance Co., Ltd.: key financials (KRW)
Table 17: Samsung Fire and Marine Insurance Co., Ltd.: key financial ratios
Table 18: Samsung Life Insurance Co., Ltd.: key facts
Table 19: Samsung Life Insurance Co., Ltd.: key financials ($)
Table 20: Samsung Life Insurance Co., Ltd.: key financials (KRW)
Table 21: Samsung Life Insurance Co., Ltd.: key financial ratios
Table 22: South Korea size of population (million), 2011-15
Table 23: South Korea gdp (constant 2005 prices, $ billion), 2011-15
Table 24: South Korea gdp (current prices, $ billion), 2011-15
Table 25: South Korea inflation, 2011-15
Table 26: South Korea consumer price index (absolute), 2011-15
Table 27: South Korea exchange rate, 2011-15

LIST OF FIGURES

Figure 1: South Korea insurance market value: $ billion, 2011-15
Figure 2: South Korea insurance market category segmentation: % share, by value, 2015
Figure 3: South Korea insurance market geography segmentation: % share, by value, 2015
Figure 4: South Korea insurance market share: % share, by value, 2015
Figure 5: South Korea insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the insurance market in South Korea, 2015
Figure 7: Drivers of buyer power in the insurance market in South Korea, 2015
Figure 8: Drivers of supplier power in the insurance market in South Korea, 2015
Figure 9: Factors influencing the likelihood of new entrants in the insurance market in South Korea, 2015
Figure 10: Factors influencing the threat of substitutes in the insurance market in South Korea, 2015
Figure 11: Drivers of degree of rivalry in the insurance market in South Korea, 2015
Figure 12: Hanwha Life Insurance Co., Ltd.: revenues and profitability
Figure 13: Hanwha Life Insurance Co., Ltd.: assets and liabilities
Figure 14: Hyundai Marine and Fire Insurance Company Limited: revenues and profitability
Figure 15: Hyundai Marine and Fire Insurance Company Limited: assets and liabilities
Figure 16: Samsung Fire and Marine Insurance Co., Ltd.: revenues and profitability
Figure 17: Samsung Fire and Marine Insurance Co., Ltd.: assets and liabilities
Figure 18: Samsung Life Insurance Co., Ltd.: revenues and profitability
Figure 19: Samsung Life Insurance Co., Ltd.: assets and liabilities

COMPANIES MENTIONED

Hanwha Life Insurance Co., Ltd.
Hyundai Marine and Fire Insurance Company Limited
Samsung Fire and Marine Insurance Co., Ltd.
Samsung Life Insurance Co., Ltd.
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Life Insurance in South Korea US$ 350.00 Dec, 2016 · 34 pages
Non-Life Insurance in South Korea US$ 350.00 Dec, 2016 · 38 pages

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